CEO who raised price of old pill more than $700 calls journalist a ‘moron’ for asking why – The Washington Post

Ever since an HIV/AIDS patient advocacy group began raising questions last week about why Turing Pharmaceuticals jacked up the price for a medication from $13.50 per pill to $750 overnight, anger against the company has been boiling over.

The medicine, Daraprim, which has been on the market for 62 years, is the standard of care for a food-borne illness called toxoplasmosis caused by a parasite that can severely affect those with compromised immune systems. Turing purchased the rights to the drug last month and almost immediately raised prices.Alarmed consumers took to Reddit to call for a boycott of the company’s products (with some pointing out that it’s hard to boycott a drug if you’ll die without it) and calling for new laws to prevent this kind of thing from happening in the future.